Set up garnishment protection account

To convert your checking account into a garnishment protection account (P-Konto), you must submit a conversion application to your bank or savings bank. Only with a P-Konto you are protected against garnishments up to the deductible limit.

There is no legal obligation for banks and savings banks to leave incoming social benefits on the account for a certain period of time.

Banks and savings banks must turn over all incoming payments to creditors upon presentation of proof of titled claims.

Beneficiaries under the Social Security Code XII or the Asylum Seekers' Benefits Act are entitled to have their current account converted into a garnishment protection account.

Only a garnishment protection account protects against garnishment up to the amount of the deductible limit. The amount of the basic allowance depends on the number of dependents. Above-average but necessary higher costs for accommodation can also lead to an increase in the basic allowance in individual cases. The current amounts can be found in the table on garnishment exemption limits pursuant to Section 850 c of the German Code of Civil Procedure (ZPO).

The Federal Ministry of Justice provides an overview of the garnishment exemption limits according to §850 c Code of Civil Procedure online. You can find the link in the Further Information section.

Requirements

Any person with debt obligations may initiate conversion to a garnishment protection account.